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Choosing a new broker

AliaDare
Jan 01 2022 at 07:43
788 posts
AliForexTalks posted:
Step 1: Ask about the commission split.
Step 2: Evaluate the brokerage culture.
Step 3: Decide between a franchise or independent brokerage.
Step 4: Learn its reputation and niche.
Step 5: Make sure it will offer support.
Good idea, if you want to find an ideal broker, you must find these things in the broker's service. And you have to choose a broker that provides spread tight.
Tradelist45
Jan 03 2022 at 09:08
298 posts
we the traders should choose the broker which allows all kinds of trading strategies with scalping and hedging. otherwise the trading life could be useless.
AndrewMcCalam54
Jan 03 2022 at 09:36
132 posts
the scalpers always fall a great trouble when choosing a broker , because most of the broker right now not allow scalping in their platform.
JensonAckles
Jan 03 2022 at 10:30
23 posts
I have been using FP Markets for a long time now, and they have been good at providing good customer service and offering low commission costs. For newcomers, training is also provided from educational materials.
OriginalPointer
Jan 03 2022 at 12:14
9 posts
FP do have good reviews online so are probably a good place to start but I have not tried them yet
Adribaasmet
Jan 03 2022 at 12:15
994 posts
the good broker is a broker which for all time make sure security of funds with a wide range of trading technologies, they never restrict any kind of trading techniques.
sharabela
Jan 03 2022 at 15:18
139 posts
perryjohn765 posted:
When does a trader move to a new broker? what are the expectations from a new broker and disappointment from the previous/current broker.
Choosing a good broker is crucial for any trader. I would mainly look to get better spread, less commission, quick withdrawal and good customer service. If I do not get them from my current broker, I may switch to one, which ticks most of these boxes.
RobertFerrari
Jan 04 2022 at 08:21
415 posts
sharabela posted:
perryjohn765 posted:
When does a trader move to a new broker? what are the expectations from a new broker and disappointment from the previous/current broker.
Choosing a good broker is crucial for any trader. I would mainly look to get better spread, less commission, quick withdrawal and good customer service. If I do not get them from my current broker, I may switch to one, which ticks most of these boxes.
This is the most difficult thing for a new trader in this market.
Adribaasmet
Jan 04 2022 at 10:22
994 posts
we the traders should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concepts such as this.
skihav
Jan 04 2022 at 17:52
801 posts
When choosing a broker, I advise you to first pay attention to a demo account. This will allow you to learn a little more about the broker before funding your account.
shortant
Jan 06 2022 at 04:45
73 posts
While choosing a new broker, I look into the pairs they offer, their pricing and execution speed. For this, I generally rely on live trading conditions because I know that the results on a demo differs largely from the live account. Currently I’m trading with Coinexx only after testing them on a micro account. Seems to be good.
AndrewMcCalam54
Jan 06 2022 at 09:11
132 posts
when choosing a perfect broker from all scams we the traders should remain cool , because the broker can affects the result of our trading with certainly
HeavenLeighGill (HeavLeighGill26)
Jan 10 2022 at 15:46
401 posts
I think there would be a lot of reasons to potentially move. If the previous broker disappointed me in any way, for example, by dealing out bad customer service, problems with my account, hearing that others are having withdrawal problems or dealing with it personally, and the list goes on. Another good time to switch is if you realize you're getting a bad deal. There are so many brokers out there, so if yours is charging $7 a withdrawal, high spreads and costs, inactivity fees, or anything similar then why wouldn't you switch?
PeteLanceley
Jan 11 2022 at 13:47
83 posts
perryjohn765 posted:
When does a trader move to a new broker? what are the expectations from a new broker and disappointment from the previous/current broker.
I look for a broker that offers a wide range of markets and ideally offer same day pay outs.
skihav
Jan 11 2022 at 14:39
801 posts
Before you start working with a broker, I advise you to pay attention to working with this broker on a demo account.
uxStyle
Jan 11 2022 at 18:47
33 posts
Choosing a new broker isn't a very pleasant process, however it matters a lot for a trader. All people like to work when they are provided with awesome conditions. If we speka about ordinary people, then they just seek for these conditions and as a rule employer provides them with these conditions, while for a trader it's the hardest task. Nobody will provide you with something that you want until you find a broker which will offer the conditions which will suit your needs. The vast majority of traders are tired of searching for a proper broker, and they give up the whole idea of trading, because they can't find a proper one.
Davidfx89
Jan 14 2022 at 07:55
198 posts
choosing a broker is very complicated issue , because most of the broker right now found to be scam. so be careful when choosing a broker.
Imamul
Jan 14 2022 at 09:00
756 posts
yes it is. before choosing a broker i think it is more appropriate to make sure good reviews from online.
thehelp
Jan 14 2022 at 09:43
10 posts
Some reviews are fake so even reviews are not a sure way to find a good broker but it is better than nothing. With any new broker I would always make a small deposit first and trade for a month to see how good they are
skihav
Jan 14 2022 at 13:26
801 posts
I advise you to take the choice as responsibly as possible. Especially considering that it affects the result.
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